Answer: Option B
Explanation: In simple words, economic growth refers to a situation when an economy produces more output in the current year as compared to the previous year.
The economic growth could happen from a number of factors. However in the given case, the growth in output is happening without any increase in input. This can only occur when the technology has been improved or the labor productivity has been increased.
Only under the above instances one can have more output than the previous level without increasing the input.
Hence from the above we can conclude that the correct option is B.
The four primary functions of managers are planning, organizing, leading, and controlling. By using the four functions, managers work to increase the efficiency and effectiveness of their employees, processes, projects, and organizations as a whole.
Answer:
He should order 681.66 gallons to minimize the cost, but he have a 500 gallon tank he can fill, so he will order 500 gallons every time, to minimize the cost.
Explanation:
According to the given data we have the following:
h = handling cost per unit = $ 9
S = Ordering cost per order = $20.5
He uses 8,500 gallons a month, therefore, the annual demand D= 8,500*12 = 102,000 gallons
.
Therefore, the optimal ordering quantity would be= [ (2*D*S) / h ]1/2
=681.66 units
He should order 681.66 gallons to minimize the cost, but he have a 500 gallon tank he can fill, so he will order 500 gallons every time, to minimize the cost.
Dont walk up to ur boss n dont say nun n jus walk out dat mf yo
Answer:
Loss of $1,080
Explanation:
The correct journal entries would be:
Dr Accumulated Depreciation 9,010
Dr Cash 2,010
Dr Loss on sale 1,080
Cr Truck (Asset) 12,100
Thus, the correct answer is a loss of $1,080
